Ethereum to $4K? Spot ETF approvals have analysts thinking…
How much have BTC-related products amassed in net flows since January?
BTC-related products have amassed over $14 billion in net flows and over $50 billion in assets under management (AUM) since their debut in January1.
What percentage of the BTC ETF market could ETH ETFs capture, according to Eric Balchunas?
Eric Balchunas, a Bloomberg ETF analyst, projected that Ethereum (ETH) ETFs could capture about 20% of the market share of Bitcoin (BTC) ETFs. His projection was based on the current demand for ETH vs BTC on the Futures market.
What optimistic view does Bitwise CIO Matt Hougan have for ETH demand?
Bitwise CIO Matt Hougan holds an optimistic view for ETH demand, anticipating that spot Ethereum ETFs could attract billions of dollars in inflows and drive ETH beyond its all-time high of about $4,900. Hougan believes that ETH ETFs will not match Bitcoin ETFs but will still be significant, measuring in terms of many billions of dollars, potentially leading to new all-time highs for Ethereum2.